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Le Saulçoir

Active Public limited companyfounded 1970active for 55 yearsSaulçoir (Lieu-dit) SN, 7380 QuiévrainKBO/BCE: BE 0407.925.382

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €30,453 (2007)
€17,274▲ €20,650
lowest -€18,692 (2024)
€2,098▲ €20,791
peak €352,007 (2023)
€335,414▲ 0.6%
€3,983▲ 8.5%
Board1 name since 2024
1 directorLIEVENS J.E.P.
Documentsfilings and deeds
27-07-20264 days before the deadline
2025financial year
Gross margin from -€3,376 to €17,274Back to profit: €2,098

Key points

from the 2025 annual accounts

Turnover

≈ €120,000 estimated

The accounts state no turnover.

Payment terms

77 days to suppliers
Suppliers
30 to 77

Le Saulçoir pays its suppliers 47 days later than in 2024.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

Four of the last ten came late. The 2023 accounts came latest: 26 days after the end of the period.

Checked score

95
Excellent
Financially stronger than 60% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 98.8% of total assets
63-5short-term debt 1.2% · cash 10.3%
70+58return on assets 0.6%

Score breakdown

lowers risk
Size: total assets €339,396
Founded in 1970
Equity €335,414 (98.8% of total assets)
No main activity registered
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 60% on liquidity, 48% on profitability and 50% on growth.

The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as Le Saulçoir has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Le Saulçoir itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for Le Saulçoir. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 13.18 (13.48 in 2024), above the usual 1.5. Short-term debt is 1.2% and cash 10.3% of total assets. 1.2% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: total assets €339,396
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1970
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €335,414 (98.8% of total assets)
NBB · annual accounts
lowers risk · No main activity registered
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
9 days early
2023
26 days late
2022
24 days late
2021
17 days early
2020
19 days late
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 2 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LJ
Director, LIEVENS Carine
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0407925382
Amendment of the articles · Resignations & appointments Authorised capital up to €25,000 for 5 years · Permanent representative: LIEVENS Carine · Appointment: LIEVENS JEP (sole director) · General meeting of 25-03-2024 · Gazette deed
First establishment Saulçoir (Lieu-dit) -, Quiévrain
All 59 events

Official details

Source: KBO
Status
Active since 18-12-1970Normal situation
Activity
“En tous pays,toutes affaires de cultures,exploitations agricoles,soit directement,soit par gérances,locations ou autrement ;” (deed in French)From the articles, 2 activitiesNo NACE code in the KBO yet
Establishment unit
2.005.404.5267380 Quiévrain, since 01-12-1970
Financial year end
31 December
Peppol
Reachable since 30-01-2026
Company details

Annual accounts 2025

€339,396▲ 0.7%
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Insights on Le Saulçoir

Le Saulçoir has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €335,414 and a net result of €2,098, with €32,889 of non-recurring income.

Equity has been stable since 2018 (±0% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Le Saulçoir

What is the company number of Le Saulçoir?
The company number of Le Saulçoir is 0407.925.382. The VAT number is the same number with BE in front: BE 0407.925.382.
Where is Le Saulçoir based?
The registered office is at Saulçoir (Lieu-dit) SN, 7380 Quiévrain.Company details
What is the legal form of Le Saulçoir?
Le Saulçoir is a public limited company (NV).
When was Le Saulçoir founded?
Le Saulçoir was founded on 18-12-1970.
Is Le Saulçoir still active?
Yes, Le Saulçoir is an active enterprise in the KBO register.
What is the turnover of Le Saulçoir?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €17,274 and 2,724 comparable companies of the same size. It probably lies between €49,000 and €290,000. It is a rough estimate.Financials
Is Le Saulçoir profitable?
In financial year 2025, Le Saulçoir made a profit of €2,098.
Where can I find the annual accounts of Le Saulçoir?
Le Saulçoir filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Le Saulçoir due?
Le Saulçoir must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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